MSMEs

Godrej Capital, the financial services arm of the Godrej Group, has announced its new digital platform, Nirmaan, to provide MSME owners an all-inclusive opportunity to grow their businesses. The offering brings together a range of partners…

Small and medium IT companies are yet to recover from the impact of the COVID-19-induced lockdown because of the high attrition rate of their employees after upskilling, according to a survey.According to the survey by Micro Small and…

Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition…

Tamil Nadu Chief Minister M. K. Stalin, Union Commerce Minister Piyush Goyal and Union Minister of State for Textiles Darshana Vikram Jardosh at the MoUs exchange for the first PM MITRA Park on March 22, 2023.  | Photo Credit: The Hindu…

 The Finance Ministry has sought to dismiss the “narrative” that India’s micro, small and medium enterprises (MSMEs) are stagnating, citing data that it asserts shows smaller firms evolving into larger units in recent years. However,…

Rajesh Kumar, a 55-year-old entrepreneur, who had set up an auto component manufacturing unit in Peenya Industrial Area (PIA) in North Bengaluru, had to shut it down in August 2022 following severe loss in business, especially after…

The industry fraternity has always had concerns that remain unaddressed, but the present situation, as far as micro and small-scale industries (MSEs) are concerned, is such that one wonders if this general trend has hit a critical mass. In…

Department of Telecom (DoT) has offered the usage of 5G test bed free of cost to start-ups and MSMEs recognised by the government, up to January 2024, an official release said on Monday.The release further said that all 5G stakeholders…

…

The finance ministry has called a meeting of heads of public sector banks and top four private sector lenders to review the progress of the emergency credit line guarantee scheme (ECLGS) to help businesses affected by COVID-19.The meeting…